If you live down in the NYC area come meet some active traders from the industry, have a few brewskis and some snacks. The event will take place in Stone Street in the financial district of NYC on May 26th at 5:30. Please RSVP and register to join our group here: http://bit.ly/jy8aN3 More details to come. Looking forward to meeting … Read More
Traders Ask: What Do I Do About An Obnoxious Bid Ask Spread on a Butterfly Trade?
An Options Tribe Member asks: Given that we’re about 55 days out from the July monthly options expiration, I was playing with a July 770-820-870 put butterfly on the RUT (when it was trading around 840). Usually the bid/ask spread for ATM and OTM puts on the RUT is narrow enough, but the spread on the 870 put ($51.80 by … Read More
SMB Morning Rundown – May 19, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
5/18/11 Swing Setups and Market Overview
@AdamG_SMB discusses setups in $SPY $BIDU $PAY $NVDA $GOOG $FNSR $M $DFS $COF $ALTR $MAKO $TTWO $VNO $ROVI $GMCR $DISH $PLAB $VHC $SI_F $SLV _$GC_F $DX_F $ES_F $EURUSD
5/18/11 Relative Strength Scan
@AdamG_SMB shares a market relative strength scan. $SPY $ES_F $GMCR $MAKO
Using Your Strengths To Improve Your Trading Results
I had an interesting conversation after the close today with a newb trader who is attempting to become consistently profitable. I asked this very intelligent and competitive young woman what were her strongest qualities as a trader. The first thing out of her mouth was she was not afraid to let her winners run. She then added that she felt … Read More
Introducing the SMB Options Training Program and the SMB Options Tribe (Video)
Introducing the SMB Options Training Program and the SMB Options Tribe Our webinar will introduce SMB’s brand new Options Training Program-a 12 month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads for monthly income. Then we will launch SMB’s Options Tribe– an online community of … Read More
SMB Radar Update for May 17, 2011
These are today’s top 10 stocks on the In Play column on the SMB Radar. This is the most important function of the scanner. The Radar uses a number of proprietary algorithms on a prescreened universe of stocks and processes every tick in search of finding stocks that are In Play. These stocks have unusually high order flow that indicates … Read More